Quote:
Originally Posted by Byte1
This is better. He didn't have the power to cut taxes on SS. Only congress could and they won't. More folks benefit from the higher deduction.....IF/IF congress passes this one. It's not looking sunny right now.
|
How is this better? If I get $40,000 in SS benefits and it is not taxed, it is like getting a $40,000 deduction. Instead Congress is giving me a $4000 or $6000 deduction, and only if I don't have too much income, whoop de doo. I'm sure there are seniors who voted the way they did because of this promise; instead it turned out to be a bait and switch.